Word: nationalization
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...Nevertheless, just around the corner from the school is a Protestant church, as well as a Starbucks and a Dunkin' Donuts. For all its recent conservative leanings, Indonesia is hardly in danger of turning into a theocratic state, and the nation's pluralistic underpinnings are something Obama will doubtless celebrate during his visit. Predictably, some hard-line Islamic groups have already gathered across the nation to thrust their fists in the air and chant anti-American slogans. But their numbers, so far, have been limited. What reigns in Indonesia, instead, is waning optimism for Obama's efforts to re-engage...
...Asia matters for America. China is the third biggest consumer of American goods, after Canada and Mexico. The No. 4 spot belongs to the Association of Southeast Asian Nations (ASEAN), the 10-nation bloc that was founded, with American prodding, as a bulwark against communism in the 1960s. China's economic resilience (8.7% GDP growth in 2009) helped the U.S. and other developed nations avoid even worse pain from the global financial crisis. The only other major economies that posted decent growth in an otherwise dismal year? India and Indonesia. Asia, in other words, thinks it is shoring...
...under the poverty line), the country is finally using the profits from its plentiful natural resources, such as natural gas and a horde of minerals, to lift up its citizens. "Foreigners used to think of Indonesia as a place of natural disasters," says Gita Wirjawan, the head of the nation's investment board, who earlier this year traveled to the U.S. to drum up interest in his homeland. "But now they realize that this is a $550 billion economy that's on an upward trajectory...
...dramatically compared to a decade ago. As local governments have gained more autonomy, some have implemented a variety of Islamic-based legislation - ranging from enforced Koran literacy for Muslim children to the as-yet-unenforced stoning to death for adultery - despite the fact that Indonesia is officially a secular nation. At Menteng Elementary School where Obama once studied, the principal and many teachers wear veils. The Muslim prayer room in the public school is much larger than it was when Obama attended classes there...
...government. Its first priority will surely be to get the economy out of the emergency room. The parties disagree on the speed and severity of action needed to cut the British deficit, but all accept that there must be reductions in public expenditure. Inevitably such cuts will hit the nation's most deprived communities hardest. And it is in such communities that the social consensus that underpins Britain's democracy is fracturing...